Aluminium Futures Rise on Speculator Bets - PTI
Nov 02, 2023 15:34
Aluminium futures climbed 0.32% to Rs 206.90 per kg on Thursday as speculators built up positions, driven by a positive spot market trend and demand from consuming industries.
New Delhi, Nov 2 (PTI) Aluminium prices on Thursday climbed 0.32 per cent to Rs 206.90 per kilogram in futures trade as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium contracts for November delivery increased by 65 paise or 0.32 per cent to Rs 206.90 per kg in a business turnover of 3,064 lots.
Analysts said fresh positions created by traders amid a demand from consuming industries supported aluminium prices in the futures market.
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